FG Has Solution For Impact Of Subsidy Removal – Oshiomhole

He said the President recognizes the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take an immediate action to cushion the effect.

A former governor of Edo State, Adams Oshiomhole, has expressed confidence that issues arising from the removal of fuel subsidy will be quickly resolved between the Federal Government and the organized labour.

Oshiomhole, who was a guest on Channels Television’s Sunday Politics, said that President Bola Tinubu recognizes the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take immediate action to cushion it.

“This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.

“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.

“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” Oshiomhole said.

Newzcruise

Newzcruise

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

General Politics

Akinyele LG Cracks Down on Crime: Illegal Brothel Used as Criminal Hideout Uncovered and Sealed for Demolition

In a decisive move to strengthen grassroots security and safeguard lives and property, Akinyele Local Government has uncovered and sealed an illegal brothel being used as a criminal hideout within the council area. The operation, which underscores the administration’s zero tolerance for crime and criminality, took place at Akinyele axis of Ward 6, following credible […]

Read More
Politics

We’ll crack cultural behaviour affecting our environment, waste management – Makinde

.Swears-in Aderinto as Commissioner for Environment Oyo State Governor, ‘Seyi Makinde, has pledged that his administration would crack the culturally entrenched behaviours affecting the environment and waste management in Oyo State for the benefit of the people. The governor stated this on Friday while swearing-in the newly appointed Commissioner for Environment and Natural Resources, Pastor […]

Read More
Politics

Makinde to set up special intervention fund for LAUTECH’s Iseyin Campus

Oyo State Governor, ‘Seyi Makinde, has said that his administration would set up a special intervention fund to address infrastructure and academic gaps at the College of Agriculture and Renewable Natural Resources, Iseyin, a campus of the Ladoke Akintola University of Technology (LAUTECH ), Ogbomoso.The governor stated this on Saturday, during a stakeholders’ meeting held […]

Read More